U.S. Natural Gas Weekly – January 15, 2011

(For The Week Ending January 7, 2011)

Lot of work on my day job, so I didn’t have time to get to this…

Working gas in storage fell 138 Bcf from previous week. The consensus was at 146 Bcf.

Storage level 107 Bcf higher than same time year ago. In short a replay of last’s year oversupply.

Chart 1. Natural Gas Futures

Chart 2. Working Gas in Underground Storage Compared with 5 Year Average

Chart 3. Natural Gas Futures Curve


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